South Korea’s Export Prices Fall for 4th Straight Month
2025-09-15 21:12
By
Mojdeh Kazemi
1 min. read
South Korea’s export prices fell 1% year-over-year in August 2025, following a 4.3% decline in July, marking the fourth consecutive month of drops amid ongoing global economic challenges and shifting demand patterns.
The decline was mainly driven by a 1.1% fall in manufactured goods prices, which had dropped 4.5% the previous month.
In contrast, prices for agricultural, forestry, and marine products accelerated, rising 9.8% from 7.8% in July.
Exports to the U.S.
were affected by a 15% tariff, falling 12% in August.
On a monthly basis, export prices increased 0.7%, slightly below July’s 0.8% gain.